Gadsden, Alabama Unemployment
The BLS reported that the unemployment rate for Gadsden fell 0.0 percentage points in May 2023 to 2.5%. For the same month, the metro unemployment rate was 0.3 percentage points higher than the Alabama rate. The unemployment rate in Gadsden peaked in April 2020 at 20.1% and is now 17.6 percentage points lower. From a post peak low of 2.5% in March 2023, the unemployment rate has now grown by 0.0 percentage points. You can also compare Gadsden unemployment with unemployment in other cities.
Unemployment Rate | May 2023 | Month/Month | Year/Year |
---|---|---|---|
National | 3.7% | +0.3 | +0.1 |
Alabama | 2.2% | 0.0 | -0.3 |
Gadsden | 2.5% | 0.0 | -0.5 |
Unemployment Rate: Gadsden, Alabama, National
Note: Recessions shown in gray.
Gadsden, Alabama Unemployed
The number of people unemployed in Gadsden peaked in April 2020 at 8,347. There are now 7,367 fewer people unemployed in the metropolitan area. From a recent trough of 956 in April 2023, the number of unemployed has now grown by 24. Gadsden employment and jobs data (including jobs lost/gained in Gadsden, Alabama) is also available.
Unemployed Persons | May 2023 | Month/Month | Year/Year |
---|---|---|---|
Gadsden | 980 | +24 | -223 |
Number of Unemployed Persons
Gadsden, Alabama Unemployment History
Date | National Unemployment Rate |
Alabama Unemployment Rate |
Gadsden Unemployment Rate |
Gadsden Unemployed |
---|---|---|---|---|
June 2023 |
3.6% | — | — | — |
May 2023 |
3.7% | 2.2% | 2.5% | 980 |
April 2023 |
3.4% | 2.2% | 2.5% | 956 |
March 2023 |
3.5% | 2.3% | 2.5% | 972 |
February 2023 |
3.6% | 2.5% | 2.7% | 1,040 |
January 2023 |
3.4% | 2.6% | 2.8% | 1,104 |
December 2022 |
3.5% | 2.6% | 3.0% | 1,164 |
November 2022 |
3.6% | 2.6% | 3.0% | 1,164 |
October 2022 |
3.7% | 2.6% | 3.0% | 1,171 |
September 2022 |
3.5% | 2.6% | 3.0% | 1,186 |
August 2022 |
3.7% | 2.6% | 3.1% | 1,202 |
July 2022 |
3.5% | 2.6% | 3.1% | 1,211 |
1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers. ↩